Hangover Cure Products Market Size - By Product (Oral Supplements, Hangover Drinks, Powder, Patches), By Ingredients (Electrolytes, Vitamins, Amino Acids, Antioxidants), By Distribution & Global Forecast, 2023

Description

List of Tables

Global Hangover Cure Products Market will witness 13.4% CAGR between 2023 and 2032, driven by new product launches and expanded distributions by key industry players. As companies introduce innovative remedies and broaden their reach, consumers benefit from diverse options for mitigating post-alcohol effects. For instance, in July 2023, DrinkAid, a Singaporean company specializing in anti-hangover supplements, extended its presence to pharmacy retail chains through an exclusive partnership with Unity - the pharmacy division of FairPrice. Additionally, plans are underway to introduce new product variations later this year. The anti-hangover capsules by DrinkAid are now accessible across all Unity stores, having previously been primarily sold through online platforms like their website, Lazada, and Shopee. The remaining 20 percent of sales come from partnerships with F&B establishments such as bars and clubs.

This growt in demand for hangover cure products is fueled by an increased awareness of health-conscious choices and the pursuit of effective hangover relief solutions. The expansion of offerings and wider accessibility of these products underscore their essential role in catering to consumers seeking effective and convenient ways to alleviate hangover symptoms.

The overall Hangover Cure Products Market share is classified based on product, distribution channel, and region.

Hangover cure drinks industry will undergo significant development from 2023 to 2032. Beverages designed specifically to alleviate hangover symptoms are gaining traction due to their convenience and targeted relief. These drinks, enriched with electrolytes, vitamins, and herbal extracts, cater to consumers seeking swift recovery after alcohol consumption. As individuals prioritize wellness and seek effective remedies, the surge in the contribution of hangover drinks to the hangover cure products demand underscores their pivotal role in providing immediate relief and promoting post-celebration recovery.

Hangover cure products market size from the online segment will register a noteworthy CAGR from 2023 to 2032. Consumers increasingly rely on e-commerce platforms to access a wide array of hangover remedies conveniently. Online accessibility allows for discreet purchases and a diverse selection of products, catering to varied preferences and needs. With the convenience of doorstep delivery and comprehensive product information, online sales for hangover cure products surge, reflecting the evolving consumer behavior favoring the ease, accessibility, and discretion offered by digital platforms for purchasing these remedies.

Europe hangover cure products industry will showcase a commendable CAGR from 2023 to 2032. As consumers prioritize health-conscious choices, there's a surge in the demand for hangover relief products. The region's vibrant social scene and celebrations amplify this need, prompting an increased interest in effective remedies. With a focus on holistic well-being, the European market showcases a substantial appetite for innovative hangover cure solutions, reflecting a shift towards proactive measures to mitigate post-celebration effects and promote healthier lifestyles.

Product Code: 6999

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Hangover cure products market 360 degree synopsis, 2018 - 2032
2.2 Business trends
- 2.2.1 Total Addressable Market (TAM), 2023 - 2032
2.3 Regional trends
2.4 Product trends
2.5 Ingredients trends
2.6 Distribution channel trends

Chapter 3 Hangover Cure Products Market Insights

3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 Industry ecosystem analysis
3.4 Technology & innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
- 3.6.1 Partnership/Collaboration
- 3.6.2 Merger/Acquisition
- 3.6.3 Investment
- 3.6.4 Product launch & innovation
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increased alcohol consumption
  - 3.8.1.2 Increased awareness of hangover cure products
  - 3.8.1.3 Changing social attitudes towards alcohol consumption
- 3.8.2 Industry pitfalls & challenges
  - 3.8.2.1 Lack of scientific evidence
  - 3.8.2.2 Potential side effects
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Abbott
- 4.3.2 Bayer AG
- 4.3.3 More Labs
- 4.3.4 The Himalaya Drug Company
- 4.3.5 Rally Labs LLC (Blowfish)
- 4.3.6 Flyby
- 4.3.7 Drinkwel, LLC
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Hangover Cure Products Market Estimates & Forecast, By Product (Revenue)

5.1 Key trends, by product
5.2 Oral Supplements
5.3 Hangover Drinks
5.4 Powder
5.5 Patches
5.6 Others

Chapter 6 Hangover Cure Products Market Estimates & Forecast, By Ingredients (Revenue)

6.1 Key trends, by ingredients
6.2 Electrolytes
6.3 Vitamins
6.4 Amino Acids
6.5 Antioxidants
6.6 Others

Chapter 7 Hangover Cure Products Market Estimates & Forecast, By Distribution Channel (Revenue)

7.1 Key trends, by distribution channel
7.2 Pharmacies & drugstore
7.3 Online
7.4 Others

Chapter 8 Hangover Cure Products Market Estimates & Forecast, By Region (Revenue)

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Russia
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 Southeast Asia
- 8.4.6 ANZ
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 UAE
- 8.6.2 Saudi Arabia
- 8.6.3 South Africa

Chapter 9 Company Profiles

9.1 Abbott
9.2 Bayer AG
9.3 More Labs
9.4 The Himalaya Drug Company
9.5 Rally Labs LLC (Blowfish)
9.6 Flyby
9.7 Drinkwel, LLC
9.8 Cheers Health
9.9 Liquid I.V., Inc.
9.10 DOTSHOT
9.11 AfterDrink Ltd.
9.12 Toniiq
9.13 Purple Tree Labs
9.14 No Days Wasted
9.15 LES Labs (Detoxx)